The cash register tape for Kelly Kapoor Industries reported sales of $6,891.50. Record the journal entry that

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The cash register tape for Kelly Kapoor Industries reported sales of $6,891.50. Record the journal entry that would be necessary for each of the following situations.

(a) Cash to be accounted for exceeds cash on hand by $50.75.

(b) Cash on hand exceeds cash to be accounted for by $28.32.


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Accounting Principles

ISBN: 978-0470534793

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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